OCEANIA

Post image for Foreign bid for slice of sugar

FOREIGN companies are rushing to pour money into our sugar industry to secure a substantial slice of its sweet profits. Investments from Chinese food group COFCO and Singapore company Wilmar, which last year bought Sucrogen, have thrown the struggling industry a lifeline; however cane growers are concerned about the potential loss of grower ownership and [...]

{ 0 comments }

Post image for Insect pest takes heavy toll on potato growers

Potato growers say they are out of pocket by $120 million as they battle a pest, the tomato potato psyllid. Potatoes New Zealand chairman, Opiki grower Terry Olsen, said it was costing growers through reduced yields, having to use insecticides, extra crop monitoring and management, as well as the downgrading of many potatoes. The psyllid [...]

{ 0 comments }

Post image for Kiwifruit earnings at risk

Zespri chairman John Loughlin says some kiwifruit earnings from China could be at risk if Chinese officials sell up the assets of a Zespri import agent arrested for evading millions of dollars of customs duties. While the kiwifruit export marketer is denying Chinese media reports that 30,000 tonnes of New Zealand fruit were seized when [...]

{ 0 comments }